Ch. 11                                          1996 LAWS OF MARYLAND

"Policy" § 1-101
"Premium" § 1-101
"Reinsurance" § 1-101

25-404. LEGAL STATUS OF ASSOCIATION.

(A)     INDEPENDENT FROM STATE.

(1)      THE ASSOCIATION IS NOT AND MAY NOT BE DEEMED A
DEPARTMENT, UNIT, AGENCY, OR INSTRUMENTALITY OF THE STATE.

(2)      ALL DEBTS, CLAIMS, OBLIGATIONS, AND LIABILITIES INCURRED BY
THE ASSOCIATION SHALL BE THE DEBTS, CLAIMS, OBLIGATIONS, AND LIABILITIES
OF THE ASSOCIATION ONLY AND NOT OF THE STATE OR THE STATE'S AGENCIES,
INSTRUMENTALITIES, OFFICERS, OR EMPLOYEES.

(B)     MONEY, DEBTS, CLAIMS, OBLIGATIONS, AND LIABILITIES.

(1)      THE MONEYS OF THE ASSOCIATION ARE NOT PART OF THE
GENERAL FUND OF THE STATE.

(2)      THE STATE MAY NOT BUDGET FOR OR PROVIDE GENERAL FUND
APPROPRIATIONS TO THE ASSOCIATION.

(3)      THE DEBTS, CLAIMS, OBLIGATIONS, AND LIABILITIES OF THE
ASSOCIATION ARE NOT DEBTS OF THE STATE OR PLEDGES OF THE CREDIT OF THE
STATE.

(C)     RECORDS, REPORTS, AND COMMUNICATIONS.               

THE RECORDS, REPORTS, AND COMMUNICATIONS OF THE ASSOCIATION, THE
GOVERNING COMMITTEE, THE COMMITTEES OF THE ASSOCIATION, AND THEIR
REPRESENTATIVES, AGENTS, AND EMPLOYEES ARE NOT PUBLIC DOCUMENTS.

REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 48A, § 478E.

Defined term: "Association" § 25-401
25-405. PROGRAM OF OPERATION.

(A)     REQUIRED.

THE GOVERNING COMMITTEE SHALL ADOPT A PROGRAM OF OPERATION IN
ACCORDANCE WITH THIS SUBTITLE.

(B)     PURPOSE.

THE PROGRAM OF OPERATION SHALL PROVIDE FOR ECONOMICAL, FAIR, AND
NONDISCRIMINATORY ADMINISTRATION AND FOR THE PROMPT AND EFFICIENT
DELIVERY OF ESSENTIAL PROPERTY INSURANCE AND HOMEOWNER'S INSURANCE
TO PROMOTE ORDERLY COMMUNITY DEVELOPMENT.

(C)     AMENDMENTS.

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